Print Friendly, PDF & Email

Form of risk transfer for credit-based or other types of exposures, in which they are incorporated into an entity formed for this purpose, which issues securities on the capital market for refinancing purposes, the repayment of which is bound to the servicing of the acquired exposures (traditional securitisation). In the case of synthetic securitisations on the other hand, it is not the outstanding exposures that are sold, but the credit risk contained that is transferred using credit derivatives, and therefore synthetic hedge is conducted.

Term-Nr.: 95

German: Verbriefung von Forderungen (823)

Source: FMA AT m. e. E., 30.10.2018

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *